IBPS Clerk Exam General Awareness Solved Paper 2013

IBPS Clerk exam general awareness solved question paper 2013, held on 8 December 2013 pdf download. It will be important for upcoming Banking, Insurance, SSC, UPSC and others government competitive exams. You can download this question paper in pdf format. For preparation of IBPS Clerk, PO and SBI examination, other most important links also given in below.

1. World Food Day is celebrated every year around the world on–
(A) 4th July (B) 16th October (C) 12th August (D) 18th May (E) None of these
Answer : (B)

2. The minimum age for becoming a member of the Rajya Sabha is–
(A) 28 years (B) 40 years (C) 30 years (D) 35 years (E) 25 years
Answer: (C)

3. What is the term for bank’s lending to farmers for agriculture, micro and small enterprises, and other weaker sections wherein banks are required to lend up to 40 percent of the loans?
(A) Para Banking (B) Sub Prime Lending (C) Retail Lending
(D) Non-Priority Sector Lending (E) Priority Sector Lending
Answer: (E)

5. As per Census 2011, which of the following Indian states has the lowest population density ?
(A) Nagaland (B) Manipur (C) Arunachal Pradesh
(D) Himachal Pradesh (E) Meghalaya
Answer: (C)

6. To improve access of the poor to banking, Reserve Bank of India has advised banks to open branches with minimum infrastructure supporting up to 8 to 10 business correspondents (BCs) at a reasonable distance of 2-3 km. Such branches are known as.
(A) Nodal Branches (B) Mini Branches (C) Micro Branches
(D) Ultra Small Branches (E) Satellite Branches
Answer: (D)

8. Which of the following is a receipt listed in India and traded in rupees declaring ownership of shares of a foreign company?
(A) Indian Depository Receipt (IDR) (B) European Depository Receipt (EDR)
(C) Global Depository Receipt (GDR) (D) American Depository Receipt (ADR)
(E) Luxembourg Depository Receipt (LDR)
Answer: (A)

9. Which of the following statements regarding the ‘Direct Benefits Scheme (DBT)’ of the Government of India is not correct?
(A) The scheme does not covers LPG subsidies, pension payments and scholarships.
(B) Indirect transfer of benefits are more prone to leakage than direct transfer.
(C) Under DBT, money is directly transferred into bank accounts of beneficiaries.
(D) The scheme was launched on 1st January 2013 to cover 20 districts initially.
(E) The scheme is likely to increase the subsidy bill of the Government.
Answer: (A)

14. A type of fraud wherein criminals use and innocent persons details to open or use an account to carry out finanical transactions is known as–
(A) Identity Theft (B) Money Laundering (C) Hacking (D) Espionage (E) Phishing
Answer: (A)

16. According to the provisions of the Income Tax Act, 1961, a resident individual is categorized as a ‘Very Senior Citizen’, when he is–
(A) 80 years of age or older (B) 75 years of age or older
(C) 90 years of age or older (D) 85 years of age or older
(E) 65 years of age or older
Answer: (A)

21. Who among the following is the author of the book “The Lowland”?
(A) Jhumpa Lahiri (B) Amitabh Ghosh (C) Salman Rushdie
(D) Hamid Ansari (E) Chetan Bhagat
Answer: (A)

22. Which of the following Indian universities is Asia’s largest residential university?
(A) Allahabad University (B) Utkal University
(C) Benares Hindu University (D) Anna University
(E) Jawaharlal Nehru University
Answer: (C)

23. We often read about the increasing trend of ‘Plastic Money’ in newspapers and financial magazines. In this respect, which of the following is/are not the forms of Plastic Money?
(A) Debit Card (B) Cash Card
(C) Credit Card (D) Banknote
(E) Store Card
Answer: (D)

24. Derivative contracts that give the buyer the right, but not the obligation, to buy or sell at a predetermined price within or at end of a specified period, are known as–
(A) Futures Contract (B) Option Contract
(C) Index Futures Contract (D) Currency Swap
(E) None of these
Answer: (B)

25. CASA Ratio of bank indicates the–
(A) Overall cost of deposit of a bank
(B) Level of high cost term deposits
(C) Share of current and savings bank deposit in the total deposits
(D) Average outstanding level of current and saving deposits
(E) Capital adequacy of the bank
Answer: (C)

27. Which of the following actresses was recently (in October 2013) honoured at the British House of Commons for her contribution to the global entertainment industry?
(A) Shabana Azmi (B) Kareena Kapoor (C) Nandita Das
(D) Aishwarya Rai Bachchan (E) Vidya Balan
Answer: (B)

30. With effect from 1st July, 2010, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the–
(A) MSF Rate System (B) Reserve Repo Rate System
(C) Bank Rate System (D) Repo Rate System
(E) Base Rate System
Answer: (E)

31. Which of the following institutions is regarded as the ‘lender of the last resort’ by banks in India?
(A) State Bank of India (B) The State Bank Treasury
(C) Reserve Bank of India (D) World Bank
(E) Department of Financial Services
Answer: (C)

32. The World Health Organization (WHO) is a specialized agency of the United Nations (United Nations) that is concerned with International Public Health. It is headquartered at–
(A) Sweden (B) Switzerland (C) United Kingdom (D) France (E) Germany
Answer: (B)

33. Which of the following communities was most recently notified as a ‘minority community’ by the Ministry of Welfare, Government of India?
(A) Sikhs (B) Zoroastrians (C) Buddhists (D) Jains (E) Christians
Answer: (D)

37. The Electronic Funds Transfer at Point of Sale (EFTPOS) is an electronic payment system involving electronic fund transfer based on the use of–
(A) Internet Banking (B) Account Payee Cheques
(C) Letter of Credit (D) Debit and Credit Cards
(E) Order and Bearer Cheques
Answer: (D)

38. The process by which a life insurance policy holder can transfer all rights, title and interest under a policy contract to a third person is known as–
(A) Assignment of the policy (B) Reinvestment of the policy
(C) Hypothecation of the policy (D) Negotiation of the policy
(E) Nomination of the policy
Answer: (A)

40. Banking Codes and Standard Board of India (BCSBI) has evolved a code of bank’s commitments to customers which set maximum standards of banking practices for banks. For common customers, the code is like a–
(A) Charter of Rights (B) Charter of Duties (C) Charter of Demands
(D) Charter of Good Behaviour (E) Charter of Values
Answer: (A)